According to Wedbush analyst Dan Ives, Apple raised prices on MacBooks, iPads, and other devices this week, citing soaring memory and storage costs. The MacBook Neo price increased from $599 to $699, while the iPad Air 128GB jumped from $599 to $749. The MacBook Air 512GB now costs $1,299, up from $1,099.
Ives maintained a bullish outlook, arguing that Apple's strong brand and loyal customer base give it greater pricing power to absorb rising costs without materially hurting demand. UBS similarly expects only modest near-term margin pressure, given that iPhone accounts for roughly 80% of Apple's product revenue. However, more meaningful margin expansion would likely require iPhone pricing changes later in 2026.